Dresdner Bank, one of the world’s leading investment banks, is facing an exceptional claim for sexual discrimination by of women employees, including one of Indian origin, at Dresdner who quote a “pervasive pattern and practice” of biased behavior.
DKW is being sued for $US1.4billion - and this amount makes it one of the biggest ever sex discrimination seen in the financial hearts of the City of London and in New York’s Wall Street.Women employees in the Dresdner complaint said the bank failed to pay them as much as men, did not promote them as often as men, and denied them equal job opportunities. The firm also retaliated against women who complained, the complaint says.
The employees claim that they were being treated as second class citizens in the organization despite heir qualifications and experience. One of the employees asserted that her male colleagues referred to her as the ‘Pamela Anderson of trading’.
Jyoti Ruta, the one hailing from India was also facing similar treatment despite the fact that it was just because of her abilities that she chaired the post of a capital markets director at DKW, where women only make 2% of the managing directors of the capital market division.
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Dresdner Kleinwort, Sued by women Employees for $US1.4billion
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